Insurance only truly shows its value when a claim is made and settled fairly. For the majority of Indian households, a serious medical event, an accident, or a loss could easily risk years of savings, which is why knowing about what are claims in insurance is as crucial as purchasing
In many churches, pastors and ministry staff dedicate a large part of their time serving the people, counseling families, community involvement, organizing and leading worship, and handling daily church operations. However, pastors’ personal health insurance coverage, most of the time, is either neglected or handled in an unstructured manner. Medical
Planning for long-term care and the costs that come with it is a critical part of retirement preparation, no matter if you are in your 40s, 50s, or 60s. As people live longer, healthcare costs continue to rise, and traditional family support systems evolve, planning for long-term care is becoming
Life insurance, undoubtedly, is one of the most widely discussed topics in financial services in India. But it is also a fact that life insurance happens to be one of the most commonly misunderstood topics as well. When purchasing life insurance for the first time, down the road, a very
Buying insurance in India usually means checking quotes on one insurer’s app, comparing a few more on an aggregator site and calling an agent to confirm numbers. Each insurer runs its own login, claims process and paperwork. Bima Sugam is IRDAI’s response to this fragmentation, built as shared digital infrastructure
Buying an insurance policy often involves more than the insurer itself. Depending on the distribution channel, a customer may interact with an insurance agent, bank relationship manager, broker, corporate agent, Point of Sales Person (POSP), telemarketer or another authorised salesperson. Until now, identifying the individual responsible for a particular sale
Cyber insurance in India covers financial losses from online crime, including unauthorised transactions, phishing, identity theft, cyber extortion and cyberstalking, plus related legal and counselling costs. It excludes money you willingly transferred into scams, voluntarily shared credentials, and incidents known before buying the policy. This is a direct answer to
India’s insurance regulator wants to make it far easier for people to see their insurance policies in one place and compare products before buying. On 1 September 2026, IRDAI released a consultation paper proposing a Public Insurance Registry (PIR), a shared digital layer meant to connect insurers, intermediaries and policyholders.
Insurance is moving deeper into the apps Indians already use for payments, shopping and everyday transactions. Amazon Pay now offers vehicle insurance from HDFC ERGO, ACKO and ICICI Lombard, while Paytm distributes insurance products through partnerships with insurers including Digit, ICICI Lombard, Bajaj Allianz, Tata AIG, Aditya Birla Health and
The insurance regulator has fined ICICI Lombard General Insurance ₹1 crore, and the order behind that number is a useful lesson in reading regulatory signals. IRDAI passed the order on 7 September 2026, penalising the insurer for lapses in how it handled outsourcing, vendor selection and governance, most of them
